Monday, March 31 2025,
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Monday, March 31 2025,
ArmInfo. Armenia and Germany have signed a financial cooperation agreement between their respective governments. As reported by the press service of the Ministry of Economy, the agreement was signed by the head of the economic department, Gevorg Papoyan, on behalf of Armenia, and German Ambassador to Armenia Claudia Busch, on behalf of Germany. |
Monday, March 31 2025,
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Monday, March 31 2025,
ArmInfo. The turnover of agricultural products between Russia and Armenia in 2024 increased by 16.2% compared to the previous year, as stated by Deputy Minister of Economic Development of the Russian Federation Dmitry Volvach at an expanded meeting of the Russian-Armenian Business Council, according to TASS. |
Monday, March 31 2025,
ArmInfo. Armenia's gross international reserves (GIR) in February 2025 decreased by 0.3% per annum or $9.4 million, amounting to $3.372 billion, which was more pronounced in the same period of 2024 - a decline of 4.6% or $164 million - to $3.381 billion. In February of this year alone, GIR increased by 0.8% (or $27.3 million), but in January-February the decline was 8.5% (or $313 million). |
Monday, March 31 2025,
ArmInfo. The Tourism Committee of Armenia and Air Arabia have agreed to closely cooperate. This was reported by the press service of the department, citing the results of the meeting of the head of the Tourism Committee Lusine Gevorgyan with the representative of Air Arabia in Armenia Evgen Denisenko. |
Saturday, March 29 2025,
ArmInfo. The largest Zangezur Copper and Molybdenum Combine (ZCMC) min Armenia intends to implement a water recycling system at the Artsvanik tailings dump, which provides for a closed cycle of water use. Deputy Director of ZCMC for Sustainable Development Taron Navasardyan shared such plans with journalists during a press tour organized by the Club of Economic Journalists. |
Saturday, March 29 2025,
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USD transactions up, RUB ones down in Armenia`s interbank foreign exchange market Mar 24 to 28, 2025
Saturday, March 29 2025,
ArmInfo. March 24 to 28, 2025, in Armenia's interbank foreign exchange market, USD and three RUB transactions were effected, with no EUR transactions effected. USD transactions showed a 31% growth against a 21% decline the previous week. RUB transactions showed a 30.3% decline against a 3% decline the previous week. The total amount of USD transactions exceeded that of RUB transactions 2.5-fold against 1.3-fold. |
Friday, March 28 2025,
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Friday, March 28 2025,
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Friday, March 28 2025,
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Friday, March 28 2025,
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Friday, March 28 2025,
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Friday, March 28 2025,
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Thursday, March 27 2025,
ArmInfo. Armenia's economic growth rate is slowing down rapidly. This conclusion was reached by experts of the Luys Foundation after analyzing the socio-economic development of the Armenian economy in January-February 2025. According to the Foundation experts, the slowdown is mainly due to external factors being neutralized, leading to an increase in re-exports and contributing to a rise in the Economic Activity Index (EAI). In February, the growth rate of the EAI was only 1.5%, which is concerning. If these trends persist, annual economic growth will be significantly low. |
Thursday, March 27 2025,
ArmInfo. Armenia's membership in the EU and the Eurasian Economic Union (EAEU) are mutually unacceptable, as stated by the official representative of the Russian Foreign Ministry, Maria Zakharova, during a weekly briefing on March 27. The diplomat mentioned that the Russian side has expressed its position on the European integration processes initiated by the Armenian authorities at various levels. |